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CGES Sees Crude Prices Rising As Buyers ‘Prepared To Pay A Premium’
...r prompt oil.” Global crude inventories fell sharply in 2011 and have only been partially rebuilt during the first half of this year, CGES said, adding that market tightness has been “exacerbated by the dislocations caused by the sanctions on Iran.” It said that “delays in getting the ri...
Volume: 55Issue: 35Published at Mon, 27 Aug 2012 -
China’s Crude Oil Imports Rise In July, Iran Supply Down Sharply
...ina Crude Oil Imports 2011-12 2012 2011 Imports Jul Jun May Apr Mar Fe...
Volume: 55Issue: 35Published at Mon, 27 Aug 2012 -
Crude Oil Formulas/Posted Prices ($/B)
...L PRICES/OPEC Crude Oil Formulas/Posted Prices ($/B) Abu Dhabi ($/B) 2012 2011 Jul Jun May Ap...
Volume: 55Issue: 34Published at Mon, 20 Aug 2012 -
EIA Raises Global Demand Growth Outlook On Expectations Of Economic Stimulus
...2012 from 3.6mn b/d at the end of 2011, and by a further 200,000 b/d in 2013. Iran’s threat to block oil transit through the Strait of Hormuz is a risk to global oil supply, says EIA, but both Saudi Arabia and UAE have responded by increasing their oil pipeline capacity to circumvent Hormuz. “EI...
Volume: 55Issue: 33Published at Mon, 13 Aug 2012 -
Saudi Crude Prices Raised For Europe, Heavier Grades Reduced For US And Asia
...ys after B/L for NW Europe, and B/L date to the Far East – are as follows ($/B): US (Price Reference ASCI) 2012 2011 Se...
Volume: 55Issue: 33Published at Mon, 13 Aug 2012 -
Japan’s Crude Imports Lower In June, Supply From Iran Higher
...ports of 3.572mn b/d, but 6.0% higher than for June 2011. The month-on-month decline was attributable to a number of Japanese refineries undergoing seasonal maintenance. As usual, Saudi Arabia was Japan’s largest supplier, contributing 30.5% of imports, followed by UAE (20.1%) and Qatar (10.9%). Imports fr...
Volume: 55Issue: 32Published at Mon, 06 Aug 2012 -
Saudi LPG Prices Increased For August Deliveries
...opane Butane Change Propane Butane 2010 1 Jan 740.00 735.00 2011 1 Jan 93...
Volume: 55Issue: 32Published at Mon, 06 Aug 2012 -
CGES Warns That High Oil Prices Are Damaging The Global Economy
...ted that crude oil prices have more than doubled since the beginning of 2009, “at a time when economies have been struggling out of recession. They have now returned to levels that pose a real threat to economic recovery.” “With the OPEC Basket price expected to average $106/B in 2011, crude oil co...
Volume: 54Issue: 35Published at Mon, 29 Aug 2011 -
China’s Crude Oil Imports Steady During July
...ported for June. Year-on-year, July 2011 imports are 2.3% above July 2010 imports of 19mn tons. During the first seven months of 2011, China has imported at total of 145.28mn tons, an average of 5.00mn b/d. Total imports during 2010 amounted to 239.31mn tons (4.79mn b/d). China Crude Oil Imports 20...
Volume: 54Issue: 35Published at Mon, 29 Aug 2011 -
Crude Oil Formulas/Posted Prices
...Middle East Economic Survey VOL. LIV No 35 29-Aug-2011 Crude Oil Formulas/Posted Prices ($/B) Algeria (Dated Brent + / - Adjustment Factor; $/B) 2011 2010 Sep Aug Jul Ju...
Volume: 54Issue: 35Published at Mon, 29 Aug 2011 -
OPEC Output Surges In July As Saudi Output Hits 30-Year High
...st month contributed to northern exports falling by some 85,000 b/d to around 460,000 b/d. OPEC Crude Oil Production July 2010 – July 2011 (MEES Estimates – ‘000 B/D) 2011 2010 Target Jul Jun May Apr Ma...
Volume: 54Issue: 34Published at Mon, 22 Aug 2011 -
Crude Oil Formulas/Posted Prices
...Middle East Economic Survey VOL. LIV No 34 22-Aug-2011 Crude Oil Formulas/Posted Prices ($/B) Iran (+ / - Adjustment Factor; $/B) 2011 2010 Se...
Volume: 54Issue: 34Published at Mon, 22 Aug 2011 -
OPEC Reduces Demand Growth Forecast On Economic Worries
...Middle East Economic Survey VOL. LIV No 33 15-Aug-2011 OPEC Reduces Demand Growth Forecast On Economic Worries OPEC has revised down its forecast for 2011 global oil demand growth by 150,000 b/d to 1.2mn b/d. In its latest Monthly Oil Market Report, published on 9 August, OPEC sa...
Volume: 54Issue: 33Published at Mon, 15 Aug 2011 -
IEA Lowers Growth Forecast Amid Slackening Demand And High Prices
...A) said in its latest Oil Market Report (OMR), released on 10 August. The forecast by the Paris-based agency trimmed global oil demand by 60,000 b/d for 2011 and raised demand by 70,000 b/d for 2012. “Adjustments to this year’s forecast stem largely from lower-than-expected 2Q11 and 3Q11 demand re...
Volume: 54Issue: 33Published at Mon, 15 Aug 2011 -
EIA Holds Demand Growth Forecast Steady
...Middle East Economic Survey VOL. LIV No 33 15-Aug-2011 EIA Holds Demand Growth Forecast Steady The Energy Information Administration (EIA) of the US Department of Energy has left its projection for world oil demand growth for 2011 and 2012 unchanged from its previous month’s fo...
Volume: 54Issue: 33Published at Mon, 15 Aug 2011 -
DME Sets New Oil Trading Records
...abled a record total of 88,539 contracts traded in the month and represents a 35% year-on-year increase in trading levels on the exchange. July also saw DME Oman achieve a new record for physical delivery, with 15.4mn barrels to be delivered in September 2011 through the exchange, surpassing the pr...
Volume: 54Issue: 33Published at Mon, 15 Aug 2011 -
Crude Oil Formulas/Posted Prices
...Middle East Economic Survey VOL. LIV No 33 15-Aug-2011 Crude Oil Formulas/Posted Prices ($/B) Iran (+ / - Adjustment Factor; $/B) 2011 2010 Sep Aug Jul Jun May Apr Mar Fe...
Volume: 54Issue: 33Published at Mon, 15 Aug 2011 -
Japanese Crude Oil Imports Slide Again In June To 3.046Mn B/D
...be the top crude supplier to Japan, with shipments of 919,555 b/d during June, down from 1.025mn b/d in May. Crude imports from the UAE rose during June to 894,078 b/d, compared to 794,917 b/d in May. Japanese Crude Oil Imports, June 2011 (B/D) Source June 2011 Ma...
Volume: 54Issue: 32Published at Mon, 08 Aug 2011 -
Saudi Crude Prices Mainly Raised For September Deliveries
...nus $0.25/B in late July compared to ADNOC minus $0.50/B in late June. Qatar Marine sold at QP minus $0.20/B at the end of last month, compared to QP minus $0.55/B at the end of June. The formulas for September 2011 and the previous 12 months for deliveries to the US, Europe and the Far East – on...
Volume: 54Issue: 32Published at Mon, 08 Aug 2011 -
Saudi LPG Prices Raised For August
...0.00 735.00 2011 1 Jan 935.00 920.00 1 Feb 505.00 505.00 1 Feb 735.00 735.00 1 Feb 820.00 810.00 1 Mar 470.00 45...
Volume: 54Issue: 32Published at Mon, 08 Aug 2011